Sitowise Group OyjOMXHEX: SITOWS

Sitowise Says It Will Recognize An Impairment Of Approximately EUR 40 Million Relating To Its Business In Sweden

· Issued by Sitowise Group Oyj

Sitowise Group Oyj OMXHEX:SITOWS:

  • INSIDE INFORMATION: SITOWISE WILL RECOGNIZE AN IMPAIRMENT OF APPROXIMATELY EUR 40 MILLION RELATING TO ITS BUSINESS IN SWEDEN

  • SITOWISE GROUP OYJ - IMPAIRMENT HAS NO IMPACT ON GROUP'S ADJUSTED EBITA OR CASH FLOW

  • SITOWISE GROUP OYJ - AFTER IMPAIRMENT, CARRYING AMOUNT OF GROUP GOODWILL WILL BE APPROXIMATELY 120 MILLION EUROS

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